Category Archives: Economy
EXPLAINER: Biden extends student loan freeze through August
The Biden administration on Wednesday announced that federal student loan payments will remain paused through Aug. 31, extending a freeze that began in 2020 but was set to end after this month. The action is meant to help millions of
Railing against soaring gas prices, Republicans in Congress cite Keystone XL decision
WASHINGTON — Republicans are doing their best to resurrect the controversy around the long-dead Keystone XL pipeline expansion, using it as an election-year political cudgel against Joe Biden in hopes of convincing voters that soaring gasoline prices a...
Wind energy company kills 150 eagles in US, pleads guilty
BILLINGS, Mont. (AP) — A subsidiary of one of the largest U.S. providers of renewable energy pleaded guilty to criminal charges and was ordered to pay over $8 million in fines and restitution after at least 150 eagles were killed
Democrats accuse oil companies of ‘rip off’ on gas prices
WASHINGTON (AP) — House Democrats on Wednesday accused oil companies of "ripping off the American people” and putting profits before production as Americans suffer from ever-increasing gasoline prices during the war in Ukraine.
After two years of uncertainty, Liberals ready budget under shifting circumstances
OTTAWA — After two years of pandemic-induced uncertainty, the federal Liberals are getting ready to deliver an updated spending blueprint in a 2022 budget that, by all accounts, has been influenced by fast-changing circumstances. The result of a tumult...
Germany seeks to boost renewable energy, cut Russian imports
BERLIN (AP) — The German government unveiled a major package of reforms Wednesday to boost the production of renewable power, meet its climate goals and become independent of energy imports from hostile nations such as Russia.
Supreme Court reinstates Trump-era water rule for now
WASHINGTON (AP) — The Supreme Court on Wednesday reinstated for now a Trump-era rule that curtails the power of states and Native American tribes to block pipelines and other energy projects that can pollute rivers, streams and other waterways.
US experts wrestle with how to update COVID-19 vaccines
WASHINGTON (AP) — More than two years into the COVID-19 pandemic, U.S. health officials are beginning to grapple with how to keep the vaccines updated to best protect Americans from the ever-changing coronavirus.
Nursing home care, funding system need overhaul, report says
NEW YORK (AP) — Nursing home residents are subjected to ineffective care and poor staffing, while facility finances are shrouded in secrecy and regulatory lapses go unenforced, according to a report Wednesday that called for wholesale changes in an ind...
Yellen: Russia’s invasion will have ‘enormous repercussions’
WASHINGTON (AP) — Treasury Secretary Janet Yellen warned a House panel Wednesday that Russia’s aggression in Eastern Europe will have “enormous economic repercussions in Ukraine and beyond.” She added that the rising price of energy, metal, wheat and c...
